The phrase “slow payment cycles” conjures up the image of old school buyer-supplier relationships and the 30- to 90-day payment window created by an inefficient paper-dominated cycle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Since California first declared marijuana “legal” for medical consumption in 1996, transactions involving legally permitted cannabis have been complicated things. In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized...
California-based digital bank Mercury has announced it has raised $20 million in Series A funding that will be used to build a bank for startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
DoorDash has revealed that it was the victim of a data breach in May. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Beyond Pricing, a startup that helps Airbnb users manage what to charge using an algorithm that calculates numerous factors, has raised $42 million in a funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Walmart has reportedly been getting outside interest in JetBlack, its texting-based shopping platform geared toward busy urban families. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
A startup that focuses on helping student borrowers with their debt has raised $10 million in a funding round, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Today in the payments news roundup, the U.S. House of Representatives passed the Secure And Fair Enforcement (SAFE) Banking Act that provides cannabis businesses with banking access. Also, SoftBank Group reportedly intends to put an extra $1 billion or more into WeWork. And Peloton is hoping for an $8.2...
Netherlands bank ABN Amro revealed on Thursday, Sept. 26, that the Dutch public prosecutor is investigating possible money laundering and terrorist financing activities, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
